Does Seychelles support virtual currency

1. The exchange rate of Seychelles rupee to RMB
converted at the current exchange rate
1000 Seychelles rupee (SCR) = 498.5 RMB (CNY)
current exchange rate: 0.4985
1 Seychelles rupee = 0.4985 RMB
1 RMB = 2.006 Seychelles rupee

2. The Seychelles financial services authority is mainly used to regulate non bank financial services institutions in Seychelles. FSA licensed companies can provide customers with a variety of financial instruments, such as stocks, bonds, foreign exchange, contracts for differences, funds, trusts, etc. The main responsibility of FSA is to improve supervision, license, laws and regulations; Regulatory environment to meet international demand; The licensed companies provide supervision, support and assistance to the development of their business in Seychelles
Seychelles is committed to building an international financial center in Africa, with offshore financial business as the main business, which is under the guidance and supervision of the Seychelles international business authority. It is characterized by the combination of tax and efficiency structure, the close cooperation mode between the regulatory authorities and the private sector, the establishment of an international business company within 24 hours, the fast processing of work and residence visa, etc. The Seychelles Financial Services Authority (FSA), formerly known as the International Business Bureau (Siba), is under the management of the Seychelles Ministry of finance. Its functions cover all non bank financial businesses. As one of the most frequent regulators dealing with overseas companies in the world, FSA is mainly responsible for the approval and supervision of insurance, securities, financial leasing, offshore finance and other instries
in Seychelles, the regulatory authority is the Financial Services Authority (FSA), and the relevant license type is securities dealers. The licensees can provide a variety of financial instruments (including stocks, bonds, swaps, option futures and contracts for differences)

minimum capital requirement for license application: the minimum registered capital requirement for license application is US $50000
organizational structure requirements: FSA puts forward organizational structure requirements, audit requirements, management applicability requirements and staff requirements for the legal person applying for Securities Dealers' license
(1) the applicant must be in the form of "company"
(2) at least 2 natural person directors
(3) at least one employee who has obtained the securities dealer representative license
(4) meet the minimum registered capital requirements
(5) meet the safety requirements of Article 73 of this act
(6) submit complete documents or records
among them, the following requirements are put forward for directors and office staff:
(1) consider their financial status
(2) have ecational experience in the field related to the applied service
(3) indivials act efficiently, honestly and fairly
(4) consider their reputation, character and financial stability
within 30 days after obtaining the securities dealer license, the licensed company needs to appoint an auditor and obtain the FSA's approval. Seychelles FSA has the advantages of short application cycle and high cost performance in formal supervision, which is more practical than FCA and Cyprus.

3. 1 Seychelles rupee (SCR) = 0.4879 RMB (CNY). If you are interested in foreign exchange, you can study more foreign exchange. Hope to adopt.

4. Currency conversion

1 Seychelles rupee (SCR) = 0.5105 RMB (CNY)

1 RMB (CNY) = 1.9589 Seychelles rupee (SCR)

for reference only

5. Seychelles license has been recognized by many brokers and has become a common regulatory tool in Tianyan regulatory column, enjoying a high reputation in the instry. Seychelles is more suitable for brokers in terms of registration cost and application time than FCA and ASIC

regulatory scope: FSA is the Seychelles non bank financial services regulatory authority, established under the financial services administration act 2013, and is a government regulatory body. The FSA is responsible for Seychelles' financial licensing, financial services regulation, the development of non bank financial services, and the registration of international business companies, foundations, limited partnership companies and international trusts in Seychelles. The whole process is remote operation

the advantages of Seychelles securities trader license (SDL): 1. SDL holding company can provide activities similar to banks, such as creating its own foreign exchange or contract for difference related procts and depositing from customers; 2. There is no limit on the number of customers accepted; 3. Low capital demand / no capital blockage. The capital required to obtain the license is only US $50000; 4. You can provide your foreign exchange service and account management procts on your website; 5. We can open a bank account for your licensed entity in Seychelles, one of the top banks with an international network

our regulatory license business scope: US MSB, Canada fintracmsb, US NFA, Estonian MTR, Australia austrac, UK FCA, Maltese regulatory license, Bahamas regulatory license, Mauritius regulatory license, Japan FSA financial regulatory, Hong Kong SFC financial regulatory, Singapore foundation, Singapore MAS financial regulatory Xiyu technology, St. Vincent registered text supervision, vfsc Vanuatu supervision, UAE FSRA license, Cyprus cysec license, Belize IFSC license, New Zealand FSP and FMA license, Australian ASIC license, Swiss FINMA license, Seychelles FSA license, Cayman regulatory CIMA license and other global overseas regulatory licenses.

6. Advantages of registered Seychelles company
1. Chinese company name can be added
2
3. Without company secretary, share transfer is easy and free of stamp fee
4. Unregistered shares (bearer certificate) can be issued without restriction
5. Open a bank account in Hong Kong
6. Annual return is not required
7. It is not necessary to submit the company's accounts every year. If you do not operate in China, you can be exempted from any tax.

7.

Seychelles provides offshore business, which mainly benefits from the government's policy of actively cultivating local and foreign investment. It provides tax exemption for non residents and low tax structure for tax residents, which can be used to build and support an international trade zone by investing in other countries and good legal and regulatory system for offshore business

advantages of company registration in Seychelles:

(1) business information is completely confidential

(2) there is no need to pay tax on overseas income

(3) it has Chinese name and articles of association

(4) the Chinese Embassy in Seychelles is convenient for authentication

(5) without restriction, you can choose to issue bearer shares (in the name of the holder)

(6) it is not necessary to submit the company's accounts every year, so it can be exempted from any tax

(7) without company secretary, the transfer of shares is easy and free of stamp fee

(8) personal data of directors and shareholders are protected with high confidentiality

(9) bank accounts can be opened all over the world

(10) annual return is not required

Relevant policies of Seychelles:

the relatively large enterprises in Seychelles are foreign-invested enterprises, such as Seychelles Brewery (seybrew British enterprise), Seychelles tobacco company (British enterprise) and Seychelles Berjaya Hotel Group (Malaysia investment project), etc

In order to prepare for the establishment of an international free trade zone, Seychelles international business authority (Siba) was established in 1994. The main functions of the bureau are to attract investment, examine and approve investment projects in the free trade zone, and approve offshore companies registered in Cyprus

Seychelles also provides other favorable and convenient conditions:

(1) the investment project report can be written in English and French, and the company name can be expressed in nine languages

(2) a company may not disclose its financial accounts on the ground of confidentiality

(3) foreign investors can enjoy a tax-free period of up to 25 years

(4) foreign businessmen can enjoy the ty-free treatment of imported equipment, vehicles and consumer goods used in the region

(5) foreign investors can enjoy various tax treatments in the process of business exemption

(6) assist in registration, business license, work license and customs declaration

(7) as a member of Lome agreement, COMESA and SADC, the foreign investors can enjoy the preferential market access according to the conditions promised by these regional organizations

(8) foreign businessmen can employ foreign labor and enjoy the treatment of exemption of foreign work permit fee and social insurance tax. However, the government stressed that the investment projects in the free trade zone must meet the requirements of export orientation and environmental protection standards

In addition, Seychelles promulgated the investment promotion law in 1995, which aims to attract foreign investors to invest in Seychelles and regulates the instries that encourage, restrict and prohibit investment. The instries that are encouraged by the law include agriculture, marine resources, small-scale instry, professional services, tourism, etc The import tax and sales tax on fuel, raw materials and auxiliary materials can be reced or exempted from the work permit fee of foreign employees, and the business tax can be reced or exempted (according to the situation)

The above contents are for reference only. If you want to know more about the process and operation steps of registering Seychelles company, please contact us! The details are subject to the professional consultant's actual reply

8.

Seychelles is an independent country in the Indian Ocean in the east of Africa

Seychelles is composed of 115 islands. It is 1593km away from Mombasa port in Kenya in the west, 925km away from Madagascar in the southwest, across the sea from Mauritius in the South and 2813km away from Bombay in India in the northeast

The population of Seychelles is mainly Bantu, Creole (mixed European and African), Indo Pakistani, Chinese and Anglo French. The official languages are Creole, English and French. 90% of the residents believe in Catholicism, 4% believe in Islam, and the rest believe in Protestantism, Hinism or other religions

In the 16th century, the Portuguese came here and named it & quot; Seven Sisters Island;. In 1756, it was occupied by France and named after Seychelles. In 1794, Britain replaced France. Later, Britain and France changed hands many times and occupied in turn. In 1814, Britain and France signed a peace treaty, Seychelles became a British colony, under the jurisdiction of the British colonial authorities in Mauritius. It became a British colony in 1903. Internal autonomy was introced in 1970. On June 29, 1976, the Republic of Seychelles was established and remained in the Commonwealth

Foreign relations of Seychelles:

Seychelles pursues a neutral, non aligned, good neighborly and pragmatic foreign policy, and advocates the establishment and development of relations with all countries on the basis of respecting sovereignty and non-interference in other countries' internal affairs. He stressed that all countries, big and small, are equal, actively safeguard the interests of small and medium-sized countries, and advocated strengthening South South cooperation and North South dialogue

In recent years, we have focused on strengthening relations with western countries and international financial institutions, actively developing relations with China, India and other emerging powers, and striving for foreign aid. We should attach importance to climate change and the sustainable development of small island developing States, support the international community in combating piracy in Somalia, actively participate in the affairs of East Africa and the Indian Ocean, and advocate the establishment of a zone of peace in the Indian Ocean

Seychelles is a member of the non aligned movement, the African Union, the southern African development community, the Indian Ocean Rim Union, the common market for southeast Africa, the Indian Ocean Commission and the headquarters of the Indian Ocean Tuna Commission. China joined the World Trade Organization in March 2015 and officially became a member of the SADC Free Trade Zone in July

9. Advantages of registered Seychelles company:
1
2
3. Avoid foreign exchange management to facilitate capital introction. Overseas financing and listing on the second board of Hong Kong or Singapore are relatively simple and convenient
4. Loose legal environment and good confidentiality. The information about shareholders and directors of the company in the place of registration is confidential and does not need to be disclosed to the public
5. Tax preference. Offshore companies usually have no tax burden
6. The establishment of the company is fast and the registration is convenient
7. Company management is simple and flexible.